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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Energy Oil & Gas E&P
Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Dividend Should be Safe for Q1 and Q2
View:
Post by Detailoriented1 on Jan 08, 2024 1:09pm

Dividend Should be Safe for Q1 and Q2

They announced mid November that they expected to cover dividend and capex with prices remaining similar.  Yes, prices dropped but then came back up. I suspect they wait a quarter or two and re evaluate then.  20 cent divvy is likely announced in mid January and then again in April.  Watch for a price pop when thay happens.

GLTA
Comment by PlutusofCrete on Jan 08, 2024 2:11pm
SP is popping or dropping.....I wish we were back at $10. Too bad. 
Comment by PlutusofCrete on Jan 08, 2024 2:14pm
https://www.eia.gov/dnav/ng/hist/rngwhhdm.htm HH spot price averaged $2.53 in 2023 :(  
Birchcliff Energy Ltd
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